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Draft turnover for YE20 of £2.2m, with an EBITDA of £374k. Annualised turnover of £2.6 million in YE21, with an EBITDA of £821k. Pipeline currently valued at £588k. Provides high-quality welding and fabrication services, alongside pipework, gas outlet and specialist connection installations. Works with blue-chip industrial organizations in the oil and gas industry. Caters to 189 clients, circa 80% of whom provide regular repeat business. GIRS Specialist Connections, CCCR and CNRB accredited. Managing Director willing to remain in role post-sale. Strong second-tier management team. Operates from leasehold premises. The shareholders are offering the company for sale to facilitate growth under new ownership. Offers invited.
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